On the first day of the week, the stock market has dropped sharply due to the spread of the Coyote 1 (coroner virus) in countries other than China. Investors have sold a large number of shares after the Bombay Stock Exchange fell by 7 points. The index is down 40,363 points. The index closed 251 points lower at 11,829 on the National Stock Exchange.
The shares of most companies have fallen sharply. Tata Steel fell 6 percent to Rs. ONGC, Maruti, Titan, ICICI Bank, HDFC and Bharti Airtel declined. It has been reported that Kovid has spread to 19 in South Korea, and in Italy there have been casualties.
The international economy is already in recession due to that outbreak as a fatal disease in Cowitt. The International Exchange Fund (IMF) has already indicated that recovering from this will be a major challenge
A decline in the international market
In China, the death toll so far has risen to 2,212. Seoul’s stock market sank after reports of ১ 16। infected in South Korea. Shares in Shanghai, Tokyo and Hong Kong also fell.
Shares of metal companies have dropped in the Bombay Stock Exchange. The prices of Jindal Steel, JSW Steel, Bedanat, Cell, Nalco, Hindustan Zinc and NMDC declined.